1601, Prive by Damac Tower B
Sold prices and rental history: sold twice, last in August 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Prive by Damac Tower B
What is 1601 worth today?
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Source: Dubai Land Department. Updated 22 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 469 sqft
- Floor
- 16th of 32
- Parking
- nan
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.05M · August 2023
- Building
- Prive by Damac Tower B
About 1601, Prive by Damac Tower B
1601 is a studio of 469 sqft on the 16th floor of Prive by Damac Tower B, a 32-storey tower in Business Bay completed in 2019 by Namaa Properties Development. It last sold on 15 August 2023 for AED 1,050,000, or AED 2,239 per sqft, 13% above the AED 1,989 studios in the building were fetching at the time.
One Ejari contract is registered, from 22 September 2026. The current contract, signed on 22 September 2026, is AED 70,000 a year: a gross yield of 6.7% on the 2023 price.
Sales and rents for 1601 over time
1601 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Prive by Damac Tower B, and where 1601 sits
All 401 studios →1601 last sold in August 2023 at AED 2,239 per sqft, 13% above what studios in Prive by Damac Tower B were fetching at the time (AED 1,989). Over the last 12 months studios sold for AED 425,000 to 1,250,000, around AED 2,241 per sqft, and rent for AED 40,000 to 120,000 a year. 1601's AED 70,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 419 sqft | 920,000 | 2,195 | ||
| 19 Oct 202619 October 2026 | 396 sqft | 920,000 | 2,321 | ||
| 15 Oct 202615 October 2026 | 396 sqft | 888,000 | 2,241 | ||
| 14 Oct 202614 October 2026 | 401 sqft | 1,000,000 | 2,496 |
Prive by Damac Tower B
Building526 apartments, studios to 2-bed over 32 floors in Business Bay, completed in 2019 by Namaa Properties Development. 47 sold in the last 12 months.
- Typical price per sqft
- AED 2,227 Down 6.4%
- Typical sale
- AED 1.02M
- Typical rent
- AED 75K /yr
- Typical yield
- 6.6%
Other units on the 16th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | Studio | 401 sqft | AED 790KAED 790,000 · Aug 2022August 2022 | 70,000 /yr | |
| 1603 | Studio | 396 sqft | AED 911KAED 910,800 · Jan 2016January 2016 | ||
| 1604 | Studio | 373 sqft | AED 1.05MAED 1,050,000 · Sep 2024September 2024 | 60,500 /yr | |
| 1605 | Studio | 432 sqft | AED 880KAED 880,000 · Dec 2025December 2025 | 80,000 /yr | |
| 1606 | Studio | 471 sqft | AED 1.09MAED 1,085,000 · Feb 2025February 2025 | 100,000 /yr | |
| 1607 | Studio | 491 sqft | AED 345KAED 345,000 · Sep 2021September 2021 | 60,000 /yr | |
| 1608 | 2-bed | 1,381 sqft | AED 3.03MAED 3,030,000 · Jan 2019January 2019 | 140,000 /yr | |
| 1609 | 1-bed | 982 sqft | AED 1.6MAED 1,600,000 · Oct 2025October 2025 | 120,000 /yr | |
| 1610 | Studio | 438 sqft | AED 1.05MAED 1,050,000 · Nov 2023November 2023 | 85,000 /yr | |
| 1611 | Studio | 489 sqft | AED 1.17MAED 1,172,000 · Jun 2023June 2023 | ||
| 1612 | Studio | 471 sqft | AED 1.15MAED 1,148,400 · Apr 2016April 2016 | 62,370 /yr | |
| 1613 | Studio | 431 sqft | AED 822KAED 822,220 · Aug 2022August 2022 | ||
| 1614 | Studio | 373 sqft | AED 960KAED 960,000 · Dec 2025December 2025 | 44,000 /yr | |
| 1615 | Studio | 402 sqft | AED 1.05MAED 1,050,000 · Dec 2024December 2024 | 80,000 /yr | |
| 1616 | Studio | 419 sqft | AED 975KAED 974,600 · Apr 2016April 2016 | 55,000 /yr | |
| 1617 | Studio | 453 sqft | AED 1.08MAED 1,080,583 · Sep 2016September 2016 | 52,000 /yr | |
| 1601A | Studio | 453 sqft | AED 885KAED 884,940 · Jul 2022July 2022 | 60,000 /yr | |
| 1617A | Studio | 459 sqft | AED 900KAED 900,000 · Mar 2025March 2025 | 63,000 /yr |
1601, Prive by Damac Tower B in numbers
- Sold twice: first on 19 September 2022 for AED 910,000, last on 15 August 2023 for AED 1,050,000 (AED 2,239 per sqft).
- Rented since September 2026 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 6.7%.
- Studios in Prive by Damac Tower B sold for AED 425,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,227 per sqft.
Source: Dubai Land Department. Updated 22 September 2026.
Questions about 1601, Prive by Damac Tower B
What did unit 1601 last sell for?
AED 1,050,000 on 15 August 2023: AED 2,239 per sqft for 469 sqft. The unit has 2 registered sales; the first was AED 910,000 in September 2022.
What is the rent for unit 1601?
AED 70,000 a year on the contract signed on 22 September 2026.
How big is unit 1601?
469 sqft (43.6 sqm): a studio on the 16th floor of a 32-storey tower completed in 2019.
What is unit 1601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Prive by Damac Tower B sold for AED 425,000 to 1,250,000 in the last 12 months, around AED 2,241 per sqft.
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Mortgage on 1601, Prive by Damac Tower B
Starts from the last sale price (AED 1.05M, 15 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →